Author Topic: Political money and Federal Reserve connections  (Read 2547 times)

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Offline misterash13

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Political money and Federal Reserve connections
« on: November 04, 2015, 05:33:05 am »
The Federal Reserve is a scam.   This is obvious by how the fed chairs throughout history have profited due to their connections and insider knowledge.

Perhaps the most obvious example of shameless profiteering through use of inside information from a former Federal Reserve Chair is Alan Greenspan.  Greenspan was Chair of the Federal Reserve from 1987 - 2006 and it is clear that his policies of cheap money were a major cause of the 2008 financial crisis.  Of course he had already been replaced and the collapse happened on Ben Barnanke's watch.  In 2008, just 2 years after the end of his tenure as Fed Chair, greenspan was hired by hedge fund Paulson & Co.. According to the terms of their agreement he was not to advise any other hedge fund while working for Paulson. Paulson  hired Goldman Sachs to package their sub-prime holdings into derivatives and sell them. Convenient that the man mostly responsible for causing the collapse was then hired as an exclusive adviser to help a hedge fund company parachute out just in time to profit from said collapse

Futhermore, if you compare which banks got bailed out in 2009 to their donations to political campaigns the results are frightening.

Here are the top 10 companies who benefited from the 2009 bailout. 

Citigroup $2.513 trillion
Morgan Stanley $2.041 trillion
Merrill Lynch $1.949 trillion
Bank of America $1.344 trillion
Barclays PLC $868 billion
Bear Sterns $853 billion
Goldman Sachs $814 billion
Royal Bank of Scotland $541 billion
JP Morgan Chase $391 billion
Deutsche Bank $354 billion

Here are some presidential candidates top donors

George W Bush 2004
Morgan Stanley $604,280
Merrill Lynch $558,804
PricewaterhouseCoopers $508,500
UBS AG $442,325
Goldman Sachs $396,350
Lehman Brothers $355,525
US Government $334,611
Citigroup Inc $317,375

John McCain 2008
Merrill Lynch $354,570
JPMorgan Chase & Co $336,605
Citigroup Inc $330,502
Morgan Stanley $264,501
US Government $235,304
Goldman Sachs $234,595
Hillary Clinton Career
Citigroup Inc $824,402
Goldman Sachs $760,740
DLA Piper $700,530
JPMorgan Chase & Co $696,456
Morgan Stanley $636,564

Barack Obama 2008
University of California $1,799,460
Goldman Sachs $1,034,615
Harvard University $900,909
Microsoft Corp $854,717
JPMorgan Chase & Co $847,895
Google Inc $817,855
Citigroup Inc $755,057

Mitt Romney 2012
Goldman Sachs $1,045,454
Bank of America $1,017,652
Morgan Stanley $920,805
JPMorgan Chase & Co $835,596
Wells Fargo $693,576

Jeb Bush 2016
Goldman Sachs $161,100
Neuberger Berman LLC $65,800
Bank of America $43,750
Citigroup Inc $41,500

It is quite clear that the banks, the Fed, and the politicians are all looking out for the best interests of each other and not the American People.

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